Business
Nevada Exploration Inc. Letter to Shareholders
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2016) - Nevada Exploration Inc. ("NGE" or the "Company") (TSX VENTURE:NGE)(OTCQX:NVDEF) is pleased to distr
About this update from Urz3 Energy Corp.
[{"type":"text","content":" VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2016) - Nevada Exploration Inc. (\"NGE\" or the \"Company\") (TSX VENTURE:NGE)(OTCQX:NVDEF) is pleased to distribute this letter to shareholders: It is an exciting time to be a shareholder of Nevada Exploration Inc.! The Company is engaged in gold exploration in Nevada, USA, where more gold is mined per unit area than in any other jurisdiction in the world. The Company's goal is to discover new gold deposits hidden under the sand and gravel in the valleys of Nevada. The Company's management team is experienced, knows what they are looking for, and has an incredible discovery track record in Nevada where they have already been directly involved in gold discoveries totaling more than 15% of the gold ever mined in Nevada. Nevada has produced more than 200 million ounces of gold, which has allowed Nevada to claim the title of the world's highest gold producer per unit area. However, continued exploration using well-worn tools in already well-explored settings keeps delivering lower and lower rates of discovery. Nevada Exploration Inc. was founded specifically to find ways to reverse the industry trend of spending more to find less, and we believe the key to finding the next wave of discoveries in Nevada is to develop new exploration methods to cost effectively explore in Nevada's covered valleys. The gold mineralizing events responsible for Nevada's prolific gold endowment occurred long before the block faulting that created the basin-and-range topography of valleys and mountains that shape Nevada today. Accordingly, the distribution of Nevada's gold deposits is largely independent of the distribution of mountains and valleys. Approximately 70% of all the gold ever mined in Nevada has come from the 40% of the state that is exposed in the mountains. More than half of Nevada's bedrock is hidden under sand and gravel in its valleys and has been significantly underexplored due to the limitations of conventional exploration methods. As a result, there should be an equivalent amount of gold in Nevada's valleys waiting to be discovered. Nevada Exploration Inc. believes that Nevada's remaining gold endowment presents one of the most compelling exploration opportunities today. The key to exploiting this opportunity is finding the tools to explore under cover, in the valleys. Nevada Explor...